Tuesday, June 21, 2016
BrExit Poll Nonsense... Stock Market Rally / Stock-Markets / Stock Markets 2016
We were all waiting for this Brexit situation to come and go this coming Thursday evening. Then a small sample poll was taken late yesterday and it showed a 70% vote in favor of Britain staying. The futures across the world went nuts to the up side. Europe had many countries up over 3%. Some approaching 4%. Amazing what a small poll can bring out in terms of froth. A market that wants higher will use any excuse to rock itself higher. You can also add in Kurota from Japan saying last night that more easing is on the way. None of it has worked, but that won't stop his desperation. The market got enough frothing news to rock itself up, except in the end the candles were weak today.
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Monday, June 20, 2016
Could Central Bankers Be Gold and Silver's BIGGEST Allies? / Commodities / Gold and Silver 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Dan Norcini, who joins us to break down the markets like no else one can. Dan discusses some of the wild moves in the markets of late, the thing he focuses on the most when trying to predict what’s ahead for gold and why he does not think the gold price is currently being manipulated. You will not want to miss an incredible interview with Dan Norcini, Trader Dan, coming up after this week’s market update.
Well on Wednesday, Federal Reserve policymakers opted to keep interest rates unchanged. The decision came as no surprise in the wake of the recent disappointment in jobs numbers.
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Monday, June 20, 2016
Is Orlando The New 9/11? / Politics / War on Terror
Last week America was rocked by the cold-blooded murder of 49 people at the Pulse nightclub in Orlando, Florida. Unlike the terrorist attacks of September 11, 2001, the Orlando shooter appears to be a lone gunman who, while claiming allegiance to ISIS, was not actually working with a terrorist group. About the only thing Orlando has in common with 9/11 is the way power-hungry politicians and federal officials wasted no time using it to justify expanding government and restricting liberty.
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Monday, June 20, 2016
The Economic Reality of BrExit / ElectionOracle / EU_Referendum
The United Kingdom will shortly vote either leave or remain in the European Union. This is the most important European event of this century since a vote to leave will likely have important domino effects for the rest of Europe.
A recent poll showed that if the UK could keep free trade with EU nations, the British people would vote overwhelmingly to leave the EU. To drum up support for staying in the EU, The UK Government and quasi government agencies, like the IMF and OECD, have issue continuous warnings about the costs of such a divorce. The IMF recently reiterated its forecasts that BREXIT would have a significant negative effect on the UK economy with a drop in GDP anywhere between 1% and 9% over the long term. The reality is that Brexit would probably only have a minor initial impact on trade or GDP and, on the contrary, would open up vast possibilities for the UK to exploit trade relations with other faster growing regions of the world without having to reach complex trade agreements that satisfy the vested interests of the other 28 members of the EU.
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Monday, June 20, 2016
Words Still Mean Things – Brexit With Graham Mehl / ElectionOracle / EU_Referendum
Last time our piece focused on what has come to be known as 'escape velocity' and how an aeronautical term has come to be used to provide some boost to the perception of the USEconomy when in fact it actually has noelocity whatsoever. This week we're going to take a look at another term, and even though it is an amalgam of two words, it still has profound meaning.
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Monday, June 20, 2016
Baroness Warsi the Manchurian Candidate Quits LEAVE for REMAIN, Boris Johnson Next? / ElectionOracle / EU_Referendum
Baroness Warsi, a mostly from the sidelines LEAVE campaigner has now apparently abandoned the cause for FREEDOM for Britain from an emerging european super state because of that naughty Nigel Farage's poster of last week that highlighted the migration crisis that Europe faces. However, as I have often voiced that these converts to the BrExit cause could well turn out to be 'manchurian candidates' who in the last days of the referendum campaign would publically switch in an attempt to do fatal damage to LEAVEs cause.
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Monday, June 20, 2016
FTSE Soars, Stock Markets Bounce on LEAVE Polls Surge, Bookmakers Widen BrExit Odds / Stock-Markets / Stock Markets 2016
The first string of opinion polls following the killing of Labour MP Jo Cox apparently in the name of "Freedom for Britain" or "Britain First" have now swung markedly in REMAINs favour, reversing an earlier LEAVE polls lead with REMAIN now marginally ahead on 45% against LEAVE on 42% with 13% Don't Knows as the following list of recent polls illustrates that until the killing of Jo Cox LEAVE had been in the lead but now have LOST that lead due to the actions of a radicalised right-wing extremist.
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Monday, June 20, 2016
Brexit Would Trigger Devolution of Europe / Politics / EU_Referendum
UK citizens will vote on June 23 whether to leave the European Union. The latest polls suggest that the vote is very close and the “Leave” side has a slight edge.
The poll I saw recently, however, showed “Leave” ahead by a full 10 points—55 to 45. More importantly, the trend over the past few weeks has seen the spread in favor of “Leave” widen.
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Monday, June 20, 2016
The not-so-cheap UK Personal Loans / Personal_Finance / Debt & Loans
Unsecured personal loans can be ideal for people who have debts to consolidate or who want to make a purchase with a fixed repayment plan. It’s not surprising, therefore, that in the current low interest rate environment this type of finance is proving to be popular with many borrowers.
However, these loans are not always the best option, and the latest research from Moneyfacts.co.uk reveals that anyone looking to take out a smaller loan may be shocked by how much they will be charged in interest compared to alternative forms of borrowing.
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Monday, June 20, 2016
The Fallacy of GDP Growth and How the UK Economy is Actually Shrinking / Economics / UK Economy
hi monday jun 20 of 2016 monaco 64 here home of alternative economics and contrarian views
I want to talk about GDP today that's gross domestic product just basically a
Keynesian centrally planned measure of economic production in any economy and
the equation for it is consumption plus investment plus government spending plus
net exports so yes they include government spending in gross domestic product which in my
opinion doesn't make any sense at all because government spending is done
through taxation government doesn't produce anything you may argue that they
run but the public sector but it's a monopoly and the only way they run it is
through taxation which is basic read distributing private income into the
government so I want to talk about the fallacy of economic growth of the last
eight years in the UK especially because that's where i am and you know we we've
Monday, June 20, 2016
Stock Market Week Of Uncertainty / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: The British referendum could have a significant impact on the intermediate trend.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Monday, June 20, 2016
Stock Market, Miners Update / Stock-Markets / Stock Markets 2016
Last week was one of our best profit weeks since March. We caught the short in the stock market from June 15 into the 16th and the GDX short into Friday where we went to all cash. Originally, my thinking was that we would see a June 17th bottom in the stock market, but perhaps as late as July 5th. Now I’m fairly certain that date is July 5th. My SPX target is now into the low 1910’s for July 5th.
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Monday, June 20, 2016
Brexit Rules The Week / ElectionOracle / EU_Referendum
The Brexit vote is this Thursday, so nothing else matters until then. And polls, just to make it even more stressful, have it neck and neck. See Brexit poll tracker back to even at 44-44.
While we’re waiting, let’s consider some related questions:
Would leaving the EU be good or bad for Britain in the short run? A lot of definite-sounding opinion is being tossed around on this count — see ‘Negative and substantial’ impact on UK if it leaves EU: IMF — but it’s important to take such things with a grain of salt. No one has the slightest idea how such a divorce would go and if its immediate impact would be positive or negative.
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Monday, June 20, 2016
Will Gold’s Bullish Price Chart Outperform Gold’s 5 Bearish Indicators? / Commodities / Gold and Silver Stocks 2016
We are very closely watching the trend in the gold market, and we know that readers are doing the same based on the many thousands of views on our latest gold articles.
Earlier this week, we wrote that $1,291 is an extremely important gold price, and that at least 5 consecutive closes above that price would suggest the bull market in gold has returned. We explained why $1,291 is such an important gold price, and why June 2016 is an incredibly important month. Please re-read Gold bull or bear market: Why June 2016 is the most important month of the decade for gold.
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Monday, June 20, 2016
Bonds And Stocks At All-Time Highs: Are Markets Confused Or Broken? / Stock-Markets / Stock Markets 2016
We observe odd trends in the market, the most important one being Treasuries and stocks both trading near all-time highs. That is definitely not ‘normal’ (whatever that term means nowadays), as bonds stand for ‘risk off’ (a safe haven asset) while stocks are only performing in a ‘risk on’ environment.
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Monday, June 20, 2016
The Dow/Silver Ratio Signals All-Time High Silver Prices / Commodities / Gold and Silver 2016
I have written extensively about the relationship between the Dow and silver prices. One of the points I have emphasized, is the fact that Dow peaks are often followed by silver rallies.
Given the above, its natural that the Dow/Silver ratio is also an important indicator for future silver prices. One example of this, I deal with in my silver fractal analysis report:
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Sunday, June 19, 2016
Brexit Fear-Mongering / ElectionOracle / EU_Referendum
Sunday, June 19, 2016
Reason Brexit Debate Has Gotten So Out of Hand is Nobody Understands What it’s About / ElectionOracle / EU_Referendum
The Brexit campaigns have started anew in the UK, and from what I’ve seen here from left field barely a thing has changed since the murder of MP Jo Cox. Neither side has any qualms about using her death to make their respective points. The main, and perhaps only real, point is that nobody understands what the vote is about. Jo Cox, bless her soul, didn’t either.
This lack of understanding is also, at the same time, the reason why the debate has gotten so out of hand. Nobody seems to understand it’s not about Cameron or Nigel Farage, or Michael Gove vs Boris Johnson, it’s about voting for or against the EU, for or against Juncker and Tusk and five other unelected presidents having a say in one’s life.
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Sunday, June 19, 2016
Silver Sleeping On the Job / Commodities / Gold and Silver 2016
In the time of the ancient Babylonians - long before the periodic table - there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury.
In Roman and Greek Mythology, the First Age was called Golden, the Second Age Silver. Apollo, the god of truth and light, and teacher of medicine, carried a silver bow.
The hieroglyph of Isis (Egyptian moon goddess) is a crescent and images of her are usually reproduced with her standing on the Crescent. This has also become the symbol for silver – on old maps a crescent shows the location of a silver mine.
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Sunday, June 19, 2016
Trading Markets - When Is A Candle Not A Candle? / InvestorEducation / Learn to Trade
When it's a bar? When it's a line drawing? Mountain? A candle is never a candle, it is a representation of a group of people buying and selling. Further to that, you could say it is a representation of thousands of people's hopes and dreams as they try to make this thing called trading work for them.
It seems so obvious when you write it down like this but I don't think the average trader gives it a moment's thought. A candle to them is one in a series that makes a pattern that will ultimately lead them to a buying or selling decision. Ignore the truth of what the candle represents at your peril.
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